ELI LILLY & CO (LLY)

US5324571083 - Common Stock

777.19  -0.58 (-0.07%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to LLY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LLY is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that LLY is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, LLY also shows a nice and consistent pattern of rising prices.
LLY is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. LLY outperforms 83% of them.
LLY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LLY has a been trading in the 718.30 - 795.50 range, which is quite wide. It is currently trading near the high of this range.
LLY has an average volume of 2849170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
LLY Weekly chart
LLY Daily chart
Setup Rating and Analysis

8

LLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 782.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 760.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

619.56

800.21

3 important support areas can be observed.

  • A support zone ranging from 724.86 to 760.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 687.52 to 694.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @625.82 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 782.06 to 792.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.12
Mansfield1.69
10 Day High795.5
10 Day Low718.3
20 Day High795.5
20 Day Low718.3
52 Week High800.78
52 Week Low419.8
Performance
1 Week-0.43%
2 Weeks4.3%
1 Month2.71%
3 Month5.08%
6 Month30.13%
12 Month79.03%
2 Year148.14%
3 Year289.39%
5 Year570.84%
10 Year1199.32%
15 Year2149.84%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)3.33
RSI(14)56.93
LBB709.11
UBB786.64
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
792.30718.2974.01 (9.34%)10.71%
An entry @792.30. This is a Buy Stop order right above the resistance zone.An exit @718.29. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 74.01 points, which is 9.34%.When investing 10.71% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LLY Daily chart

ELI LILLY & CO

NYSE:LLY (5/8/2024, 12:16:09 PM)

777.19

-0.58 (-0.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.07%
1 Week-0.43%
2 Weeks4.3%
1 Month2.71%
3 Month5.08%
6 Month30.13%
12 Month79.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)21.36
ATR(20)%2.57%
ATR Inc
Range Today8.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High795.5
10 Day Low718.3
20 Day High795.5
20 Day Low718.3
52 Week High800.78
52 Week Low419.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.05M
Volume Incr29.95%
Vol(5)3.38M
Vol(50)2.85M